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Drax Group PLC

Closed

SectorUtilities

618.5 0.73

Overview

Share price change

24h

Current

Min

605

Max

620

Key metrics

By Trading Economics

Income

-153M

187M

Sales

-44M

3B

P/E

Sector Avg

4.522

22.547

Dividend yield

4.26

Profit margin

6.192

Employees

3,250

EBITDA

-149M

478M

Recommendations

By TipRanks

Recommendations

Buy

12 Months Forecast

+47.67% upside

Dividends

By Dow Jones

Dividend yield

Sector Avg

4.26%

3.95%

Next Earnings

31 Jul 2025

Market Stats

By TradingEconomics

Market Cap

-17M

2.2B

Previous open

617.77

Previous close

618.5

News Sentiment

By Acuity

50%

50%

35 / 96 Utilities

Drax Group PLC Chart

Past performance is not a reliable indicator of future results.

Related News

23 May 2024, 14:14 UTC

Major Market Movers

U.K. Utilities' Shares Fall on U.K. Election News, National Grid Discounted Fundraise

27 Feb 2025, 09:43 UTC

Market Talk
Earnings

Drax's Growth Opportunities Remain Underappreciated by Investors, JP Morgan Says -- Market Talk

13 Jun 2024, 13:37 UTC

Market Talk

U.K. Labour Manifesto Contains No Major Surprises For Utilities -- Market Talk

Drax Group PLC Forecast

Price Target

By TipRanks

47.67% upside

12 Months Forecast

Average 906.67 GBX  47.67%

High 1,050 GBX

Low 700 GBX

Based on 3 Wall Street analysts offering 12 month price targets forDrax Group PLC - Dist in the last 3 months.

Rating Consensus

By TipRanks

Buy

3 ratings

2

Buy

1

Hold

0

Sell

Sentiment

By Acuity

35 / 96 Utilities

News Sentiment

Neutral

Volatility

Below average

News Volume (RCV)

Below average

Financials

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Drax Group PLC

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.